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Capital Increase of Isbank

25th Nov 2009 12:47

RNS Number : 0710D
Turkiye Is Bankasi
25 November 2009
 



24.11.2009 

Capital Increase of Isbank

As per the resolution of the Board of Directors, dated 24.11.2009, nr.35981, the Head Office is authorized to

- increase Isbank's TL 3,079,638,671 paid-in capital to TL 4,500,000,000 by a total amount of TL 1,420,361,329;

TL 1,383,177.88 of which is from the bonus shares received from participations,

TL 1,057,425,285.70 of which is from the extraordinary reserves, including TL 71,575,948.00 of profit from sale of participations and real estates, that is followed under extraordinary reserves and will be added to the capital as per the resolutions made at the General Meeting, and 

TL 361,552,865.42 of which is from the paid-in capital inflation adjustments, and

- apply to the related authorities for the capital increase and to carry out the capital increase process.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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